Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (64924)	4/19/2000 1:43:00 AM
From: upanddown	Read Replies (1) \| Respond to of 95453

Regarding the relative advantages of subsea production systems and FPSO systems Razor, would there be GOM projects where a subsea system just wouldn't work (distance to pipeline, seabed problems, etc)? Another question is whether it is possible (technical and economic) to move a FPSO from the North Sea to the GOM. It seems unlikely that MMS is just simply going to approve FPSO usage after years of study. Aren't they likely to impose stringent requirements that the current fleet cannot meet? I'am also wondering whether someone like Trent Lott might demand high domestic content. If newbuilds are required, it looks like subsea systems would have quite a headstart on FPSO's and the more subsea systems in place, the more likely new ones could share existing facilities. With the tens of billions needed for the deepwater production infrastructure, I sure would like to understand the likely scenario. John